Friday, January 14, 2011

Bob Chapman on The Iraqi Dinar

Coach asked Bob Chapman on the 1/12/11 show about his viewpoint towards the Iraqi Dinar Revalue. Bob Chapman was straight to the point.



some believe that because The Kuwait dinar was Revalued ... The Iraqi Dinar will revalue at some point, however this was never going to happen while there was no standing Government and the place in a shambles.. Iraq is getting back on its feet.... The RV will happen at some point, it may take another year or so, from all the information I have read over the years, it was never going to RV until The Government was formed.. big things happening over there now, A small risk investment for massive returns ? Bob Chapman rightfully discourage from investing in the Iraqi dinar , because nobody can anticipated the moves of the Iraqi government , they may (and probably the will) simply change it to a New Dinar and the investors will find themseves with piles of worthless paper that the can use as wall paper...

1 comment:

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